The record inflows suggest investor behavior has matured, shifting from hype cycles to sustainable, utility-focused ventures.
The cryptocurrency sector witnessed a surge in venture capital inflows last week, with fundraising totaling $3.48 billion, marking a new weekly record high.
This milestone highlights how major venture capital firms and institutional giants are increasing their investments in the blockchain space.
According to CryptoRank, between October 6 and 12, crypto venture fundraising hit $3.48 billion, surpassing the previous ATH of $3.16 billion set in November 2024. The record haul encompassed 27 funded projects and companies, reflecting broad participation across the ecosystem.
Pantera Capital emerged as the most active participant, closing four rounds, including two in which it took the lead. Hack VC followed closely, spearheading two investments.
Other prominent firms, each leading one round, included General Catalyst, Road Capital, Delphi Ventures, Sequoia Capital, Andreessen Horowitz (a16z), and Galaxy. The blockchain services category dominated activity, accounting for 12 rounds. Centralized finance (CeFi) followed with 6 rounds.
The most common funding bracket during the week was the $3-10 million range, which accounted for 7 rounds. Another 5 rounds fell within the $10-20 million range. Larger rounds also played a significant role.
There were 4 fundraises each in the $20-50 million and $50 million+ categories. This contributed heavily to the overall record total.
Notably, this weekly peak builds on a strong third quarter for crypto venture funding, which tallied $8 billion across 275 deals. While this was marginally below the $10 billion achieved in the second quarter, it still ranked among the strongest periods since 2021. CryptoRank stressed that the slight downturn from Q2’s heights suggests a maturation phase rather than contraction.
“The modest decline signals a healthy normalization after two consecutive quarters of growth rather than a reversal of momentum,” the report read.
Moreover, CeFi and blockchain infrastructure captured over 60% of Q3 funding, driven by projects emphasizing cash flow generation and regulatory compliance. In contrast, decentralized finance (DeFi) and blockchain-specific initiatives secured approximately 25%.
Meanwhile, GameFi, non-fungible tokens (NFTs), and SocialFi combined for less than 10%. This reallocation signals a departure from hype-driven narratives toward models with verifiable economic utility.
Looking ahead, CryptoRank projects $18-25 billion in total venture inflows for 2025, positioning it as the strongest year since 2021.
